Telegram's crypto reserves surged to $1.3 billion, driving profits and offsetting challenges like CEO Pavel Durov's legal issues. Despite growth in ads and subscriptions, concerns over content moderation and debt financing linger.
WeatherlySky Mavis, the developer of Axie Infinity and the Ronin gaming network on Ethereum, has announced staff layoffs even as it hints at the development of a new Axie game.
CatherineRumble is investing up to $20 million in Bitcoin as part of its strategy to diversify its treasury and strengthen ties with the crypto community. This move follows the example of companies like MicroStrategy, which has invested billions in Bitcoin.
JoyThe Dogecoin Foundation is seeking donor support for its Dogebox initiative, aimed at driving global adoption and expanding Dogecoin’s accessibility, but the exact funding target remains undisclosed.
KikyoAlan Joseph, a 36-year-old from Lancaster, Massachusetts, was convicted on 22 November 2024 for operating an unlicensed money transmitting business and laundering money through Bitcoin for criminals involved in trafficking counterfeit goods. He faces up to 20 years in prison and a fine, with sentencing set for February 2025.
AnaisCybercriminals are targeting Apple users with a new scam just in time for Black Friday, exploiting the holiday shopping rush. By sending emails claiming an Apple ID has been suspended, they aim to trick users into revealing sensitive information on fake websites.
WeatherlyLarge Language Models (LLMs) excel at complex business tasks, but experts see promise in energy-efficient Small Language Models (SLMs). With their targeted advantages, could SLMs be AI’s next frontier?
CatherineAuthorities shut down a major scam call centre in the Philippines, arresting over 250 people involved in defrauding Australian men through fake dating and cryptocurrency scams. The Australian Federal Police have launched Operation Firestorm to target organised crime syndicates and protect citizens from these growing scams.
WeatherlyKraken will close its NFT marketplace by 27 February 2025, shifting focus to new projects. Starting 27 November, the platform will enter withdrawal-only mode. The move follows market saturation and declining demand, making growth challenging for NFT platforms.
CatherineTRON founder Justin Sun has become an advisor to Donald Trump’s crypto venture, World Liberty Financial Inc. (WLFI), after investing $30 million as its largest backer. Was his investment key to securing the role?
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